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Tesla loses USD 702.1 million in first quarter of 2019 as Model 3 begins overseas exports
On April 24, Tesla released its first quarter 2019 update showing the company lost USD 702.1 million on automotive revenues of USD 3.72 billion, which had increased 36.1% from the same quarter in 2018.
The company's non-GAAP automotive profit margin was 20.2% in the first quarter, an improvement from 19.7% in 2018.
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The company's non-GAAP automotive profit margin was 20.2% in the first quarter, an improvement from 19.7% in 2018.
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